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Reforming Financial Systems. Historical Implications For Policy.

Reforming Financial Systems. Historical Implications For Policy.

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  • ISBN:9780521581158
  • Editorial: Cambridge University Press
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  • Nº Pág.:222
  • Idiomas:Ingles

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This volume summarizes the key lessons of financial history for emerging markets and developing economies today, including the rise and role of central banks, debates on how to make banking secure and sound, the relative efficiency of universal banking compared with Anglo-American commercial banking model and the role of saving banks, nonbanks and securities markets in development.

Financial history; The evolution of central banking; Free banking. the Scottish experience as a model for emerging economies; REgulation and bank stability. Canada and the United States, 1870-1980; Deposit insurance; Contingent liability in banking; Universal banking and the financing of industrial development; Before main banks; Thrift deposit institutions in Europe and the United States; The development of industrial pensions in the United States; The rise of securities markets.

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